Grateful Dead Auction Proves That Hippies Are Rich

By Stuart Heritage on Wednesday, May 9, 2007 at 1:30pm7 Comments


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Grateful Dead Auction Jerry Garcia’s guitarThe Grateful Dead may have only really been the inspiration for some delicious ice cream, the belief that beards are good and bands that wank on and on and on even though everyone wants them to stop, but at least their old crap still sells at auction.

Yesterday all kinds of Grateful Dead gear was flogged off at a San Francisco auction – including some of Jerry Garcia's old guitars, a suitcase full of Jerry Garcia's old guitar strings and some of Jerry Garcia's empty boxes – raising over a million dollars in the process. More than anything, though, the Grateful Dead auction proved that even old hippies are capable of buying shit and then wondering how the hell they're going to justify spending $16,800 on a manky old case with some string in it to their wives when they get home.

Here's a good way to gauge how good a guitarist is – see how much cash they can make by flogging their guitars at auction. For instance, The Edge from U2 sold his most iconic guitar at auction recently and made $240,000 while Jimi Hendrix's guitar sold for $400,000. Thus, Jimi Hendrix is far better at playing the guitar than The Edge.

But what about Jerry Garcia from The Grateful Dead? We already know that toilets he's used sell well at auction, but yesterday at a special Grateful Dead auction one of Garcia's electric guitars sold for $260,000. That, by our estimates, makes him also better than The Edge. Poor The Edge. But that wasn't all that was on sale at the Grateful Dead auction, as SFGate reports:

The stuff on the auction block might look like empty speaker boxes, corroded guitar strings and funky old steamer trunks, but it constituted the genuine and authentic castoffs of the great Jerry Garcia. So the bidding started high, and it went higher. One of the empty speaker boxes sold for $1,680. Other empty boxes sold for $1,200 and $900.

All in all, the Grateful Dead auction made around $1.1 million – which isn't bad for a bunch of knackered old rubbish that used to belong to a dead drug addict and his gang of endlessly masturbating musician friends. But did the Grateful Dead auction represent decent value for money?

Hardly. For the same price as people paid for all those Grateful Dead cast-offs, the discerning buyer could have bought a collection of more iconic memorabilia including John Lennon's Abbey Road suit, Audrey Hepburn's Breakfast At Tiffany's dress, KITT out of Knight Rider, Anna Nicole Smith's icky diaries, Freddie Mercury's Rolls Royce and William Shatner's kidney stone, plus there'd be enough spare change to embark upon an exploratory course of therapy to discover why they keep spending so much money on a big lot of other people's shit, too.

Read more:

Auction Of Grateful Dead Memorabilia Brings In $1.1 Million – SFGate 

7 Comments »

  • Dave says:

    Stuart, you are one hell of an angry man. Who the fuck cares if someone buys the Dead’s old shit? You don’t have to bash the fuckin band for it. I had MANY good times at Grateful Dead shows in my life. I wouldn’t trade those memories for anything. It’s a shame that a poor slob like youself has to bash a dead rock and roll icon because your life is miserable. Go jerk off to John Lennon you English asshole.

  • anthony says:

    Stuart. I’m sure you were just trying to write a glib piece about a defunct rock and roll band but you come off as severly uninformed.
    The Grateful Dead are not to everyone’s taste, but their vast body of work, longevity, and emergence during a defining moment in cultural history,
    ensure they will be remembered for a very long time. Their technical innovation in the area of concert acoustics was years ahead of the industry
    standard. Not bad for a bunch of “insert one of your insults here.” You are spiteful and misinformed.

    P.S. Edge sold “his most iconic guitar.” The Garcia guitars at auction were far from “his most iconic.” It would be interesting to know how much Garcia’s
    most iconic guitars might fetch if they were auctioned.

  • Zeebz says:

    The era of peace loving, anti-war, hippies produced so many awesome bands. I put that whole era in a nutshell………..:P

  • Chris says:

    I hate you, Jerry Gacia helped start a movement that has changed how the american people react to situations in times of war and peace. You dont need to say that shit about a great dead man

  • Bilko McFish says:

    And what will they say about YOU when you’re dead and gone? “Well, he was kind of a sarcastic R. Christgau wannabe sort of Limey”? You better hope it’s THAT good.

    Calling Garcia a drug addled old hippie guitar wanker is like like calling Hendrix a nigger with a cool headband and a big stack of Marshall’s. Man, EVERYBODY was on drugs. It was the fuckin’ 60’s f’er Christ’s sakes. Where were you, grade school?

    -BMF

  • Clay H says:

    In 2001 Garcia’s Wolf and Tiger guitars went up for auction. Wolf made over 900,000 and Tiger over 700,000. It’s obvious you had no idea what you were writing about when you made this article.

    • A Fan says:

      Stuart, you have no idea whats goin on man..The dead were one of the BEST bands to ever roam these lands. Their music was one of a kind, no one could ever capture that essense like they did. Pretty much…if a person can at least appreciate and recognize the dead as a great band then they dont know whats up.

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